Live Tariff updates: Trump escalates threats on China as markets remain jittery Paris - Delayed Quote • EUR Fayenceries de Sarreguemines, Digoin & Vitry-le-Francois Société Anonyme (FAYE.PA) Follow Compare 14.20 0.00 (0.00%) At close: March 31 at 11:30:15 AM GMT+2 Related News US tariffs won't change China economy's big picture US–China trade tensions are rising following US President Trump's announcement of new tariffs as Chinese officials reportedly weigh a new wave of economic stimulus to counter the effects of tariffs. China Beige Book co-founder and CEO Leland Miller joins Catalysts with Madison Mills and Longview Economics global economist and chief market strategist Chris Watling to discuss the details. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Bank stocks, bitcoin falls, Spirit CEO steps down: Market Minute Madison Mills takes a closer look at the top stories as part of today's Market Minute. Big bank stocks, including JPMorgan (JPM) and Wells Fargo (WFC), are moving higher after an initial fall as analysts recalibrate their outlooks to account for mounting recession fears. Bitcoin (BTC-USD) is selling off as other crypto-related names, including Robinhood (HOOD), Strategy (MSTR), and Coinbase (COIN), are mixed today. Spirit Airlines (SAVEQ) stock is in focus after CEO Ted Christie stepped down. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Tesla & Apple price target cuts, Spirit CEO steps down Brad Smith and Madison Mills take a closer look at some of the trending tickers on Yahoo Finance in premarket trading on Morning Brief. Tesla (TSLA) shares fall after longtime bull, Wedbush analyst Dan Ives, cut his price target to $315 from $550, citing China tariffs and softer demand. Apple (AAPL) stock is on the decline after the Wedbush analyst also lowered his Apple price target to $250 from $325 due to the impact of tariffs. Spirit Airlines (SAVEQ) CEO Ted Christie steps down after the company exited bankruptcy protection as part of a private deal. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Update: Gold Falls as the Dollar and Yields Climb Amid Market Turmoil (Updates prices.) Gold traded lower mid-afternoon on Monday as the dollar and treasury yield rose Magnificent Seven Stocks: Nvidia, Meta Rally; Apple, Tesla Slide Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains. Through the first three months of 2025, however, performance for these mega-cap stocks has been negative thus far. FTSE dives to year-low as global market turmoil continues The FTSE 100 fell by 4.38% to 7,702.08, its lowest closing price since March last year, at the end of trading. Update: Apple Challenges UK Government Order on Encrypted Data Access; UK Tribunal Rejects Secrecy Bid (Updates with Apple's appeal in the headline and first paragraph.) Apple (AAPL) filed an appeal t Secret court rules against Yvette Cooper over Apple encryption The Telegraph and nine other media organisations have successfully challenged an attempt by Yvette Cooper to keep details of her legal battle with Apple a secret. Why Shares of Apple Are Getting Hammered Today Shares of consumer tech giant Apple (NASDAQ: AAPL) traded over 5.6% lower today as of 12:52 p.m. ET, extending its sell-off after President Donald Trump issued far-reaching tariffs late last week. Wedbush analyst Dan Ives lowered his price target on the stock in a research report issued yesterday, while maintaining a bullish rating. Ives, who has long been bullish on big tech stocks in the "Magnificent Seven," has issued several sobering research notes in light of Trump's tariffs. China Stocks Suffer ‘Panic Selling’ as Tariff War Escalates (Bloomberg) -- Chinese shares plunged and sovereign yields neared an all-time low as investors braced themselves for the fall-out from a spiraling trade conflict between the world’s two largest economies.Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersBoston Mayor Wu Embraces Trump Resistance as Campaign Heats UpThis Skinny Mexico City Tower Is Just 14 Feet Wide on One SideThe Irish Hot Press Is the Low-Tech Laundry Trick the World NeedsTrump Order on CDFI Fund Risks A MicroStrategy Expects to Post Loss After Bitcoin Price Slumps The software company said it notched $5.91 billion in unrealized losses on its digital assets for the quarter ended March 31. Apple Takes the Biggest Hit of the "Magnificent Seven" in Response to Trump Tariffs Tariffs will be the focus, but Apple's issues predate the shocking tariff announcement on April 2. Top Stock Movers Now: Tesla, US Steel, Dollar Tree, and More The major U.S. equity indexes were lower midday Monday, as the Trump administration showed no signs of pulling back from sweeping reciprocal tariffs. Rhythm seeks market expansion for Imcivree following Phase III victory Imcivree has shown benefit in a Phase III trial in patients with acquired hypothalamic obesity, leading to 19.8% weight loss. Apple Appeals Back Door Demand, US Intel Chief Warns of Cybersecurity Risks Apple appeals back door demand, citing global privacy risks; U.S. and U.K. officials clash over encryption access Rhythm Pharmaceuticals Weight Loss Drug Study Shows Significant BMI Reduction For Rare Type Of Obesity Disorder Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM) on Monday released topline results from the pivotal Phase 3 TRANSCEND trial evaluating setmelanotide, a melanocortin-4 receptor (MC4R) agonist, for the treatment of acquired hypothalamic obesity. Acquired hypothalamic obesity is a rare, non-genetic form of obesity resulting from damage to the hypothalamus, the brain region controlling energy balance, often caused by tumors, surgery, or radiation, leading to rapid weight gain and metabolic complications. Trump Orders New Review of Nippon-U.S. Steel Merger The White House said the review is meant to assist the president in determining whether further action would be appropriate. Stock market volatility deepens as Wall Street faces rollercoaster opening The US’s S&P 500 had major swings on Monday. U.S. Steel Stock Rises as Trump Orders Review of Nippon Deal The potential transaction values the American steel maker at $55 a share, far below where shares currently trade. Top Midday Stories: Tesla, Apple Hit by Tariff Woes, Wedbush Says; Trump Orders New Review of US Steel, Nippon Steel Deal Wall Street's major market averages were lower in late-morning trading on Monday, extending last wee Performance Overview Trailing total returns as of 4/7/2025, which may include dividends or other distributions. Benchmark is CAC 40 (^FCHI) Return FAYE.PA CAC 40 (^FCHI) YTD -19.32% -6.15% 1-Year -33.64% -14.07% 3-Year -27.55% +7.20%